Retail store owners and operators are constantly searching for new, low-effort ways to boost their bottom lines. Unfortunately, many so-called “passive” revenue solutions end up requiring more work than expected, with new inventory, long implementation cycles, and extensive staff training.
Hosting an ecoATM kiosk is a true zero-effort method for retailers to increase revenue. ecoATM’s automated, self-service kiosks pay customers instant cash for their used phones and other electronic devices. Plus, it generates revenue for your retail store with no staff involvement or inventory management.
ecoATM provides retailers with a turnkey solution to monetize unused floor space, generate foot traffic, and pursue eco-friendly business practices. With no investment of time, money, or other resources required, ecoATM might just be the easiest new revenue stream possible for a brick-and-mortar retailer.
The Challenge of Traditional Revenue Add-Ons
Most modern retailers are quite familiar with supplemental revenue programs like credit card offers and cross-promotional efforts. However, these models often come with additional costs of their own:
- Staff Training: Getting your employees up to speed to be able to understand and promote the new revenue stream.
- Inventory Requirements: Tying up valuable shelf space and capital to stock items that may or may not actually sell.
- Ongoing Management: Monitoring the new revenue stream and performing data analysis to make sure it meets expectations.
- Customer Support: Pulling employees away from their core tasks to help customers navigate processes.
Even seemingly simple additions can distract from your core operations. For instance, selling accessories from third-party vendors can create a wide range of pressure points: handling returns, shipping logistics, bookkeeping headaches, seasonal demand fluctuations, etc.
Many revenue-generating programs promise a combination of profitability and ease of use, without delivering on either claim. Often, these programs can even add stress and effort to your operations. In addition, some take months to fully implement and never achieve the returns retailers expected.
What Makes ecoATM Different?
For retail store owners and operators, hosting an ecoATM kiosk is a genuinely hands-off process. There’s no new inventory, staff involvement, or technology to learn — the ecoATM team manages the entire program, from initial installation to ongoing customer support.
How does ecoATM make hosting so easy?
- There’s no effort required for retailers hosting an ecoATM. Our expert team members handle every possible aspect of setup, operations, and maintenance.
- Your retail store’s staff doesn’t need any training. We don’t need your employees to oversee the kiosk or even know how it works, and they’ll never need to provide any customer support.
- The quick and easy installation process typically gets the ecoATM kiosk set up in less than a week, and there’s no disruption to your store’s everyday operations.
- ecoATM kiosks are self-service, automated machines that don’t require any inventory management on your part. We’ll keep the kiosk stocked with cash and retrieve the devices without assistance.
Once we install the ecoATM kiosk in your retail store, you’ll benefit from passive income without lifting a finger to help.
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How the Revenue Share Model Works
ecoATM’s revenue model is transparent and rewarding for retailers. The specifics of our revenue-sharing processes vary based on the details of each partnership agreement, but hosting an ecoATM kiosk offers a variety of ways your store can benefit.
We’ll pay you to host the kiosk in your store, with no strings attached. Even if no one ever uses the kiosk, you’ll still make money from our partnership. And, given the fact that we’ve already helped recycle over 57 million old phones and tablets, it’s clear that our kiosks do generate plenty of usage.
Hosting an ecoATM means predictable and scalable earnings for your retail business with zero overhead. And, keep in mind that ecoATM takes care of all the logistics. We process the devices, handle the payouts, take care of kiosk maintenance, and more. Meanwhile, all you have to do is provide us with access to a power outlet to plug in the kiosk.
If you have any questions about the ecoATM revenue-sharing model, reach out to our expert staff members today. We’ll walk you through all the details and discuss how a partnership between ecoATM and your retail store would look.
Hassle-Free from Day One
From start to finish, hosting an ecoATM is a turnkey passive revenue solution for retailers. From the moment they sign the partnership agreement, retail store owners and operators have essentially zero responsibilities regarding the kiosk. Here’s how the process works from start to finish:
- Site Evaluation: Our team will assess your retail space and determine the best placement for the kiosk within your store, considering everything from maximizing visibility to optimizing ease of use.
- Delivery and Installation: ecoATM’s highly trained technicians will handle every possible aspect of delivery and setup. In most cases, this entire process takes less than a week.
- Remote Monitoring: ecoATM staff members continuously monitor each of our kiosks with high-definition video feeds, and we require ID checks for every user to verify their identity. We also perform regular software updates remotely.
- Maintenance: ecoATM takes care of all ongoing maintenance concerns, including collecting devices from the machines and restocking them with cash.
From day one, you and your team won’t need to monitor, maintain, or troubleshoot the ecoATM kiosk. It simply works.
Added Perks for Retailers
If you own or operate national retailers, discount stores, grocery chains, convenience stores, money centers, malls, or wireless stores, there are added benefits to hosting an ecoATM that go beyond passive revenue generation. An ecoATM kiosk provides a value-added service that saves your customers time and puts money in their pockets, creating positive associations with your store and reasons to return.
Driving Foot Traffic
Modern consumers are always looking for simple and eco-friendly ways to get rid of old smartphones and tablets. When they know that your store has an ecoATM kiosk, they have a new reason to visit. This often leads to longer and more frequent shopping trips, which drive additional purchases.
Putting Cash in Customers’ Pockets
What happens when a customer who is already in your retail store suddenly has an influx of instant cash from using the ecoATM kiosk? According to our research, 70% of ecoATM’s cash payouts are spent in the same store where the customer used the kiosk. With an average payout of $50, this could result in a new cash flow for your retail business.
Enhancing Your Sustainability Profile
Over 3/4 of modern consumers say that they prioritize leading a sustainable lifestyle. ecoATM provides an environmentally responsible way for people to recycle or repurpose old phones and tablets, and the entire process takes place right there in your store. Hosting an ecoATM kiosk is a sign that your store supports sustainable business practices — and you don’t even have to manage your own recycling program to reap the rewards of hosting one.
Improving the Customer Experience
Today’s shoppers want convenient processes and instant gratification, and ecoATM delivers on both. Our customers receive cash on the spot for their used phones — the entire process takes under seven minutes. Plus, the kiosk is user-friendly, with an intuitive interface. When you host an ecoATM kiosk, you offer a useful value-added service that saves your customers time and puts money in their pockets.
ecoATM: A Smart Revenue Stream That Works for You
ecoATM offers a proven model for retailers to earn passive income, with over 7,100 kiosks located in retail centers from coast to coast. We’ve partnered with reputable brands like Walmart, Kroger, Dollar General, and Albertsons to provide consumers with easy access to environmentally responsible e-waste recycling programs.
So far, we’ve helped recycle over 57 million used electronic devices, including smartphones, tablets, and MP3 players. Our goal is to boost that number all the way to 100 million recycled devices — with help from retailers like you, we know we’ll reach that goal sooner rather than later.
Adding an ecoATM kiosk to your retail location is an efficient and easy way to generate a new passive income stream for your store. There’s no time-consuming onboarding or training for your employees. There’s no inventory to keep track of. There’s zero involvement from your staff required in any way! Instead, partnering with ecoATM provides retailers with consistent income, increased foot traffic, and an eco-friendly, sustainable boost to your brand’s reputation.
ecoATM gives you a fully managed recycling program within your store, a highly profitable revenue-sharing agreement, an enhanced customer experience, and repeat store visits — all you have to give us in return is a 3’x 2.5’ section of unused floor space and access to a power outlet.
Schedule a Consultation with ecoATM Today
If you’re interested in scheduling a quick consultation or site evaluation with the ecoATM team, contact us today. We’d love to walk you through the details of kiosk placement and revenue sharing. The sooner you reach out, the sooner you can start enjoying the many benefits of hosting an ecoATM. It truly is the easiest new revenue stream possible!
